SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Billa Bulgaria invests 2.5 mln euro in store renovation

Aug 31, 2023, 2:08:14 PMArticle by Antonia Kokalova-Gray
share
August 31 (SeeNews) - Supermarket chain operator Billa Bulgaria, part of Germany's REWE Group, said on Thursday it has spent 5 million levs ($2.8 million/2.6 million euro) on the refurbishment of one of its first stores in the capital Sofia.

Billa Bulgaria invests 2.5 mln euro in store renovation
The renovated store in Hipodruma, Sofia. Image credit: Billa Bulgaria.

The retailer has deployed for the first time new technology that allows the residual temperature from the refrigerating units to be used for heating in the winter season, Billa Bulgaria said in a press release.

The upgraded store, with 180 parking spaces, has also been equipped with state-of-the-art refrigeration and LED lighting systems.

In June, the supermarket retailer revealed plans to invest over 32 million levs in the reconsrtruction or upgrade of 45 stores across the country in 2023.

Billa, which entered the Bulgarian market in 2000, operates 149 stores in 46 cities in Bulgaria and has also been selling online through the Glovo app since April.

In 2022, the retailer increased its turnover by an annual 24% to roughly 1.24 billion levs.

(1 euro = 1.95583 levs)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.